Intrusion, which provides a family of software products for enterprise security, raised $25 million by offering 3.1 million shares (65% primary) at $8, below the last close of its shares on the OTCQB (INTZ). At pricing, the company commands a market value of $135 million.
Intrusion plans to list on the Nasdaq under the symbol INTZ. B. Riley FBR acted as sole bookrunner on the deal.
